Weekly Commodity Outlook:-

Gold futures extended winning streak on Friday, ending the year on a very bullish note by making best annual performance since 2010 as dollar weakened against a basket of currencies. Moreover, the political tensions and receding concerns over the impact of US interest rate hikes fed into its rally. Gold futures finishing the year 12 percent higher on the Comex division of the NYMEX. While, spot gold was up by 0.67 percent at $1,303.37 per ounce.

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